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Mon 23 Apr 2018 06:36GMT

Latest Currency Headlines at SendMoney.org.uk

The latest FX market information, future forecasts, predictions, analysis and currency headlines from the leading FX professionals here at Send Money UK. Should you have a question on a currency exchange transaction you're looking to do in the near future, please use the contact us form to speak to a currency broker for assistance. Meet the team behind SendMoney news or contact them with any feedback

Hopes for Rising UK Consumer Optimism Helps British Pound (GBP) Recover from Lows Published: 19 Apr at 3 PM
Pound Sterling (GBP) Despite some disappointing UK retail sales results on Thursday following Wednesday’s surprising slowdown in UK inflation, the Pound was able to hold above its worst levels against most major currency rivals during Thursday trade. General market optimism that the long-lasting UK pay squeeze was finally easing due to...
Pound Exchange Rates Fall as UK Inflation Rate Slowdown Sparks Trader Panic over BoE Rate Hike Published: 18 Apr at 4 PM
Pound Sterling (GBP) Following the news that UK inflation rates slowed in March, Pound exchange rates fell across the board today. Despite expectations for a GBP rally on such news, Sterling dropped because of concerns that with inflation slowing the Bank of England (BoE) might not commit to a May interest rate hike. As the dust...
British Pound (GBP) Gains as Investors Anticipate Major UK Stats for BoE Rate Hike Bets Published: 16 Apr at 1 PM
Pound Sterling (GBP) Market anticipation for this week’s upcoming UK ecostats and the possibility that they could pave the way for a May interest rate hike from the Bank of England (BoE) left the Pound appealing against most major rivals on Monday morning. Despite a lack of notable supportive UK ecostats recently, as well as news that...
Pound Exchange Rates Fluctuate after Disappointing UK Production and GDP Data Published: 11 Apr at 4 PM
Pound Sterling (GBP) The Pound has made minor gains against the Euro and US Dollar today, although this is primarily because of confidence-damaging Eurozone and US developments rather than positive UK news. The latest UK ecostats have been disappointing for the most part, showing falling levels of monthly industrial and manufacturing...
British Pound (GBP) Sturdy as Bank of England (BoE) Interest Rate Hike Bets Firm Published: 10 Apr at 12 PM
Pound Sterling (GBP) The Pound has continued to see relatively sturdy performance since markets opened this week and the British currency has been supported by strong UK housing data and hawkish comments from Bank of England (BOE) officials. Sterling remained appealing on Tuesday as BoE policymaker Ian McCafferty argued that another UK...
British Pound (GBP) Fails to Hold Highs Versus Majors as UK Construction Disappoints Published: 4 Apr at 5 PM
Pound Sterling (GBP) Demand for the Pound was mixed during Wednesday’s European session, as the latest UK construction data was surprisingly dovish and weighed on the rally the British currency had begun this week. Markit’s March construction PMI was forecast to have slipped from 51.4 to weak growth of 50.9. Instead however, the...
Pound Exchange Rates Fall as GBP Demand Reduced by US-China Negotiation Published: 27 Mar at 4 PM
Pound Sterling (GBP) Although it saw widespread gains at the start of the previous week, the Pound has since fallen in value against the Euro and US Dollar, along with the rest of its currency peers. This poor performance comes as the US Dollar strengthens because of trading developments; this has made the Pound a less desirable...
Pound Sterling Fluctuates against Currency Peers after Bank of England (BoE) Interest Rate Decision Published: 22 Mar at 5 PM
Pound Sterling (GBP) The Pound made gains against both the Euro and US Dollar today, but these temporary advances have since given way to tight trading against the Euro and a loss against the US Dollar. The headline news has been that while the Bank of England (BoE) hasn’t hiked UK interest rates, it could still do so as soon as...
Pound Exchange Rates Mixed after Surprise UK Inflation Rate Drop to 2.7% Published: 20 Mar at 1 PM
Pound Sterling (GBP) The Pound has advanced against the Euro on 20th March, but has conversely fallen against the US Dollar. This mixed performance has been repeated elsewhere, with GBP either making minor gains or losses against most of its currency peers. Today’s UK data has been the main influencer behind this mixed movement...
Pound Sterling Exchange Rate Forecast: Are GBP Gains ahead on UK Wage Squeeze Reduction? Published: 16 Mar at 5 PM
Pound Sterling (GBP) The Pound has closed weekly trading on 16th March in a mixed position, having traded tightly against the Euro and US Dollar. This varied performance is down to gloomy UK economic forecasts being countered by low risk sentiment making the Pound a more attractive currency. Looking ahead, Sterling could make...

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